I know this has been well done before, but could I ask if anyone has actually seen any real results on this situation.

My wife has a niece who has taken out life insurance on another elderly aunt. She's been paying 500B a month for about 4 years, and genuinely expects a pay-out of 200,000B whenever her aunt dies. If the aunt, who has a heart condition, lasts for a generous 10 more years, that would be an input of 84,000B, make it 90,000B say, with interest. Surely she is mistaken.

My calcs put that at 6000 a yr so that's 60,000 over the 10 yr span

 

I've been told the returns are rubbish but it vvas up to his vvife since it's her policy

Probably she didn't tell the insurance company about the heart condition of the aunt. If the aunt dies because of this they will probably figure it out and refuse to pay money.